Pre elections silver linked to economy will be iffy right now. Now with corruption in the election trying to rig it for sleepy Biden will make it more iffy.
Maddog
Ron Paul says he’s okay so far has a picture out in a hospital bed.
Re First Majestic, Early Warning Report for Acquisition of Shares of Silver Dollar Resources Inc.
In my opinion they thru money away and that’s why its lower. We’ve seen this crap before. And the take over stock goes up. Lower silver doesn’t help either. Maybe somebody already posted this??
https://finance.yahoo.com/news/first-majestic-announces-filing-early-010700830.html
Buygold
I see First and Mux are both off @ 30 % , wheras the rest are closer to 20 % off the Hi’s…so hope yr right….I have both…grrrr !!!!!
First Majestic – Interesting that Murphy mentioned it? Impeccable timing but may be a good buy now..
| 2:25 pm ET |
*First Majestic Silver shares are trading lower after the company reported that its 90-day process deadline for its tax dispute expired without any resolution. A Mexican legal advisor also said the company’s subsidiary will be served with a nullifying grant.
|
| Benzinga |
Comex silver
Trying to break into the green. Platinum up $10.00. We may chop around in this area for a couple of weeks while the scum finish dropping their shorts and get long again.
rno
scum deserve everything they get
last night Murphy mentioned First Majestic as a prime candidate to make some losses back…today they smack it for near 7 %…….may their genital warts grow to the size of watermellons.
up, slowly up
metals prices slowly moving up towards unchanged,
mining shares (hui) slowly moving up towards unchanged,
will we see green by the closing bell?
FYI US Dollar’s UUP, Versus Gold’s GLD Five Days, M-F Dollar is up 2% Gold Down 5%
I’m looking at an overlay on Schwab software. And here’s that Dollar ETF chart with that high volume day bar. The $64 dollar question is how long will this dollar bounce go on. 2% up in 5 days, is 8% return in a month. Not a bad trade, $25.85/sh. A slow mover with big investment bet. $100,000 to $108,000 in one month.
Naturally this little trend could reverse Monday morning. 🙂
Scratch my last
PM’s just responding to the USD
SM doing its thing
SM, PM’s, USD all trading in lockstep
almost as if the SM needs the USD to weaken as well.
USD on the march again
tough sledding, hope the shares found some sort of bottom when the HUI probed 306 yesterday, but hard to know.
Hopefully we can punch back.
This affects a lot of mining companies including AUY, MUX, NEM, FSM, GLEN, PAAS
Argentina goes full Basket Case (From IKN591)
Monarch Gold Reports Its Fourth Quarter Results for Fiscal 2020
https://finance.yahoo.com/news/monarch-gold-reports-fourth-quarter-233000134.html
First Majestic Provides SAT Tax Dispute Update
VANCOUVER, British Columbia, Sept. 25, 2020 (GLOBE NEWSWIRE) — First Majestic Silver Corp. (“First Majestic” or the “Company”) announced an update related to the ongoing tax dispute with the Mexican tax authority, the Servicio de Administracion Tributaria (“SAT”) in connection with the 2012 Advance Pricing Agreement (“APA”) granted to Primero Empresa Minera, S.A. de C.V. (“PEM”), a subsidiary of the Company.
https://finance.yahoo.com/news/first-majestic-provides-sat-tax-110000379.html
deer79
Re ET
Mny, mny tks.
Deer79
Thanks for the ET post. In two months, the shorts will get to cough up $.30/share.
rno
Maddog
I copied this from a web site called short squeeze.com. Looks like ET has a HUGE number of outstanding shares.
Short Quote™
Enter Symbol:
Energy Transfer Lpunits
$ 5.52
ET
-0.04
Short Squeeze Ranking™
view
Short Interest Ratio (Days To Cover)
2.2
Short Percent of Float
2.54 %
Short % Increase / Decrease
14 %
Short Interest (Shares Short)
51,220,000
Short Interest (Shares Short) – Prior
44,870,000
Daily Short Sale Volume
view
Daily Naked Short Selling List
view
% From 52-Wk High ($ 13.86)
-59.88%
% From 50-Day MA ($ 6.40)
-13.13%
% From 200-Day MA ($ 8.59)
-35.26%
% From 52-Wk Low ($ 3.75)
48.27%
52-Week Performance
-59.26%
Trading Volume – Today vs Avg
85.73%
Trading Volume – Today
20,188,372
Trading Volume – Average
23,550,000
Shares Float
2,020,000,000
Market Cap.
$ 14,462,400,000
% Owned by Insiders
13.03%
% Owned by Institutions
56.87%
Exchange
NY
Record Date
2020-SepA
Mission Statement
The mission of ShortSqueeze.com™ is to provide short interest stock market data and services, so our members will be better informed of short selling in the market, track shorts in stocks and gain from the advantages that can be achieved from this valuable market data.




